Powerhouse, Hydroworks shareholders remain in the dark
Canterbury Development Corporation will not invest any more into Powerhouse, while Callaghan is reviewing its position.
Calida Smylie Thu, 17 Aug 2017
Powerhouse Ventures shareholders remain in the dark about what steps the tech incubator will take to shore up its largest portfolio company, Hydroworks.
Last Thursday, ASX-listed Powerhouse wrote down the value of its stake in Hydroworks to nil, due to the hydro-engineering company’s financial
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